Product Manager - Market Data

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Client:

HSBC Global Services Limited

Location:

Edinburgh, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

9cef1200f7f7

Job Views:

4

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Some careers shine brighter than others.

If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

The Market Data Product team objectives include the strategy and proposition for market data management to support the evolving business requirements on behalf of the Securities Services business.

We are currently seeking a professional to join our team in the role of: Product Manager - Market Data

The primary purpose of this role will be to support the market data strategy, development roadmap, and have specific responsibilities for market data vendor licensing, obligations and usage.

This role will cover the full breath of Securities Services footprint and products. Providing the role holder with an opportunity to work across markets and engage with internal stakeholders including Product Management, Sales, Account Management, Client Change and Onboarding, Data Digital and Innovation, IT, Legal, Markets and Securities Services Operations, Market Data Services and Procurement.

As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.

In this role you will:

• Act as the key business interface for market data licensing for the Securities Services business and HSBC’s Market Data Services and Procurement teams, ensuring the business needs are met, with best fees and terms for Securities Services.
• Contribute to the development and maintenance of the market data strategy, technology and roadmap for Securities Services with a particular focus on data content and licensing.
• Manage the risk and communication associated with HSBC’s third party data vendor contractual usage terms and obligations and prepare market data analysis, business cases and reporting for a wide range of initiatives such as data supplier selection, license negotiation and associated obligations.
• Produce effective management information and data analysis that facilitates strategic decision making and that demonstrates continued optimisation and value for money.
• Design and maintain product service and definition documentation, apply a strong cost discipline, with continuous review of market data consumption and delivery of targets whilst engagingwith third party data providers, clients and internal stakeholders on product proposition / requirements and take feedback as input into product development.
• Participate as key stakeholder to client onboarding, fund launch and change programmes, ensuring requirements and estimates are accurately captured, solutions are robust and effective in improving product profitability.

To be successful in this role you should meet the following requirements:

• Comprehensive understanding of market data licensing, commercial policies, and products including global data vendor carriers, exchanges, credit ratings agencies, index providers, security identifier providers and local market agencies is essential.
• Experience of market data provider selection, onboarding, displacement, model/process design and definition and an understanding of the Securities Services business, data usage, industry trends, and risk management.
• Demonstrate an in-depth knowledge of the securities, derivatives and digital asset markets and data content such as security reference data, pricing, and index data.
• Able to multi-task, define problem statements, analyse causes, assess options, and find effective solutions, you will possess a strategic mindset, be self-motivated, driven and delivery focused with strong cost discipline and experience in building and managing business cases and risk.
• Energetic, collaborative, with excellent relationship building and influencing skills, a solid communicator, both verbally and in writing, with strong presentation skills.

This role is based in Edinburgh

Opening up a world of opportunity

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces. Our recruitment processes are accessible to everyone - no matter their gender, ethnicity, disability, religion, sexual orientation, or age.

We take pride in being part of the Disability Confident Scheme. This helps make sure you can be interviewed fairly if you have a disability, long term health condition, or are neurodiverse.

If you’d like to apply for one of our roles and need adjustments made, please get in touch with our Recruitment Helpdesk:

Email: [emailprotected]
Telephone: +44 207 832 8500